This topic contains a solution. Click here to go to the answer

Author Question: The Marginal Propensity to Consume and the Marginal Propensity to SaveIf the marginal propensity to ... (Read 98 times)

Mscarter

  • Full Member
  • ***
  • Posts: 159

Question 1

The Marginal Propensity to Consume and the Marginal Propensity to Save

If disposable income increases by $120 million and saving increases by $35 million, then the marginal propensity to save (MPS) is ________. (Round to the nearest hundredth.)
◦ -2.43
◦ 3.43
◦ 0.71
◦ 0.29

Question 2

The Marginal Propensity to Consume and the Marginal Propensity to Save

If the marginal propensity to consume (MPC) is 0.65, then a $80 million decrease in disposable income will decrease consumption by ________ million. (Round to the nearest hundredth when appropriate.)
◦ $123.08
◦ $52
◦ $28
◦ $80


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mscarter on Nov 23, 2022

xinyifff

  • Full Member
  • ***
  • Posts: 159
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




Mscarter

  • Member
  • Posts: 159
Reply 2 on: Nov 23, 2022
Excellent


softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

For a complete list of videos, visit our video library